Mapreader4’s Reviews > Zero to One: Notes on Startups, or How to Build the Future > Status Update
Mapreader4
is on page 35 of 195
summary of chapter: competitors are ruthlessly driven down to equilibrium with no margin for error; monopolies have slack. while some monopolies gain this slack through shady rent-seeking practices, others gain it by creating something new. these creative monopolies are optimal, since they incentivize innovation and long-term planning.
— May 16, 2022 11:14PM
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Mapreader4
is on page 23 of 195
summary of chapter: the 90's began with a recession, which set the conditions for the dot com boom. after the crash, most investors took the lesson of "incremental, not grand; flexible, not planned". but the opposite strategy actually works better - if and only if you're actually good at thinking about it.
— May 16, 2022 11:02PM
Mapreader4
is on page 12 of 195
Summary of chapter: both creating new technology and globalizing it are progress, but the creation of new technology is highly underrated in this era. however, the nature of creation makes it impossible to formalize the next revolution; therefore technology is created by small groups outside the system.
— May 16, 2022 10:51PM
